Zacks Investment Research cut shares of Healthcare Trust Of America (NYSE:HTA) from a buy rating to a hold rating in a research note issued to investors on Friday.

According to Zacks, “Healthcare Trust of America, Inc. is a self-administered real estate investment trust. The Company primarily focuses on medical office buildings, healthcare-related facilities and quality commercial office properties. It also invests to a limited extent in other real estate-related assets. Its portfolio is positioned in metropolitan markets such as Atlanta, GA, Phoenix, AZ, Indianapolis, IN, Greenville, SC, Pittsburgh, PA, Albany, NY, Boston, MA and both Dallas and Houston, TX. Healthcare Trust of America, Inc. is headquartered in Scottsdale, Arizona. “

HTA has been the topic of a number of other reports. SunTrust Banks set a $36.00 price target on Healthcare Trust Of America and gave the stock a buy rating in a report on Tuesday, October 24th. Stifel Nicolaus upped their target price on Healthcare Trust Of America from $34.00 to $35.00 and gave the stock a hold rating in a research report on Wednesday, October 25th. BMO Capital Markets reaffirmed a buy rating and set a $35.00 target price on shares of Healthcare Trust Of America in a research report on Monday, October 2nd. Morgan Stanley raised Healthcare Trust Of America from an equal weight rating to an overweight rating in a research report on Wednesday, December 13th. Finally, FBR & Co set a $32.00 target price on Healthcare Trust Of America and gave the stock a hold rating in a research report on Wednesday, October 11th. Five investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Healthcare Trust Of America presently has an average rating of Buy and an average price target of $34.20.

Healthcare Trust Of America (NYSE HTA) traded down $0.21 during mid-day trading on Friday, reaching $28.81. The company had a trading volume of 1,024,300 shares, compared to its average volume of 1,188,625. The firm has a market capitalization of $5,902.77, a P/E ratio of 120.05, a PEG ratio of 4.06 and a beta of 0.32. Healthcare Trust Of America has a fifty-two week low of $28.61 and a fifty-two week high of $33.00. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.30 and a current ratio of 1.30.

Healthcare Trust Of America (NYSE:HTA) last issued its earnings results on Tuesday, October 24th. The real estate investment trust reported $0.07 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.34). The business had revenue of $176.00 million for the quarter, compared to analyst estimates of $163.62 million. Healthcare Trust Of America had a return on equity of 1.50% and a net margin of 6.75%. The firm’s revenue was up 48.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.40 EPS. analysts anticipate that Healthcare Trust Of America will post 1.65 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 9th. Investors of record on Tuesday, January 2nd will be given a $0.305 dividend. This represents a $1.22 dividend on an annualized basis and a yield of 4.23%. The ex-dividend date of this dividend is Friday, December 29th. Healthcare Trust Of America’s payout ratio is currently 508.35%.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HTA. Great West Life Assurance Co. Can raised its position in Healthcare Trust Of America by 36.1% in the 2nd quarter. Great West Life Assurance Co. Can now owns 21,081 shares of the real estate investment trust’s stock valued at $655,000 after buying an additional 5,594 shares during the last quarter. Schwab Charles Investment Management Inc. increased its position in shares of Healthcare Trust Of America by 32.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 896,904 shares of the real estate investment trust’s stock valued at $27,903,000 after purchasing an additional 218,820 shares during the last quarter. First Trust Advisors LP increased its position in shares of Healthcare Trust Of America by 19.5% during the 2nd quarter. First Trust Advisors LP now owns 56,418 shares of the real estate investment trust’s stock valued at $1,755,000 after purchasing an additional 9,217 shares during the last quarter. SG Americas Securities LLC increased its position in shares of Healthcare Trust Of America by 37.9% during the 2nd quarter. SG Americas Securities LLC now owns 10,653 shares of the real estate investment trust’s stock valued at $331,000 after purchasing an additional 2,930 shares during the last quarter. Finally, Comerica Bank increased its position in shares of Healthcare Trust Of America by 58.0% during the 2nd quarter. Comerica Bank now owns 9,928 shares of the real estate investment trust’s stock valued at $302,000 after purchasing an additional 3,646 shares during the last quarter. 98.15% of the stock is owned by institutional investors and hedge funds.

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Healthcare Trust Of America Company Profile

Healthcare Trust of America, Inc is a real estate investment trust. The Company is an owner and operator of medical office buildings (MOBs) in the United States. The Company focuses on owning and operating MOBs that serve healthcare delivery and are located on health system campuses, near university medical centers, or in community core outpatient locations.

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